Crypto currencies: craze, phase or stays?

Posted on07 February 2018

The world’s most famous cryptocurrency smashed an array of price records in 2017, taking the flight of Bitcoin to a stratospheric level with its price rising by more than 1,400pc. Against the clamour The Telegraph takes a look at the top ten performing cryptocurrencies – 6 of which have experienced higher growth levels than their more famous, though flawed, forerunner Bitcoin in 2017.

It is these flaws (in particular the high transaction fees and resource required to make sure payments are made quickly) later rivals are aiming to iron out. The article takes a closer look at two cryptocurrencies analysts believe are worth watching this year: Iota ($9.5bn) and Cardano ($10bn).

The value of investments can go down in value as well as up, so you could get back less than you invest. It is, therefore, recommended that you seek full, personal advice in respect of your needs where all appropriate risks will be explained.